What do you do on a gap up like today for Marco's system? Do you
wait for a pullback later this week or next week? Or did you enter
today even though it never got close to a better price than
yesterday's close? I'm sure in the past, there's been breakaway gap
ups and breakaway gap downs that run further and further away from
the closing price of the signal entry. If a trader takes Marco's
advice and waits to enter the next day, there's a risk of missing
the trade if this happens? This may be a tricky question to answer,
and may depend on each trader, but just wanted to hear your
opinion. Tia.
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Title: Steve101: Question about Marco's
lol....Marco going long now.....
Posted by cw12 on 12th of Oct 2011 at 12:48 pm
Steve,
What do you do on a gap up like today for Marco's system? Do you wait for a pullback later this week or next week? Or did you enter today even though it never got close to a better price than yesterday's close? I'm sure in the past, there's been breakaway gap ups and breakaway gap downs that run further and further away from the closing price of the signal entry. If a trader takes Marco's advice and waits to enter the next day, there's a risk of missing the trade if this happens? This may be a tricky question to answer, and may depend on each trader, but just wanted to hear your opinion. Tia.